Personal Disposable Income is?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → The part of Aggregate Income which belongs to the household.
Personal Disposable Income (PDI) refers to the portion of national income that is actually available to households for spending and saving after paying direct taxes and receiving transfer payments.
Personal Disposable Income (PDI ) ≡Personal Income (PI) – Personal tax payments – Non-tax payments.